(Preferred stockholder expected return) You own 150 shares of Dalton Resources preferred stock, which currently sells for $33.29 per share and pays annual dividends of $4.75 per share. a. What is your expected return? b. If you require a return of 11 percent, given the current price, should you sell or buy more stock? a. Your expected return is percent. (Round to two decimal places.) b. If you require a return of 11 percent, the value of the stock for you is $ Because the expected rate of return is current market price is (Round to the nearest cent.) your required rate of return or the intrinsic value, or because the and you should $43.18, the Dalton Resources preferred stock is the stock. (Select from the drop-down menus.)